Home Buying in Dallas>Question Details

msgbride, Home Buyer in Dallas, GA

Any there any banks that do VA construction loan financing? I have land that I want to build a home on or place a modular unit.

Asked by msgbride, Dallas, GA Sun Jul 7, 2013

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8
I would contact a local lender to see if they can help with loan. Best of luck
0 votes Thank Flag Link Sun Jul 5, 2015
Hi Msgbride,

I have a true VA Construction loan available.

Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.

Please feel free to contact me for more information or help.

John Burke
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
(877)228-9069
NMLS# 787231
http://www.trulia.com/profile/john-burke-mortgage-broker-or-…
0 votes Thank Flag Link Fri Jul 3, 2015
Yes, Acceptance Capital Mortgage Corporation offers VA Construction loan financing. Contact Blake Hanson at (253) 254-8084. NMLS ID MLO 124591 and NMLS ID 2225
0 votes Thank Flag Link Sat May 9, 2015
The only way to get VA financing is after the home is built. The builder will not change the price based on VA, but your bank who is extending your mortgage loan will. Check with local credit unions and national banks to see if the offer special VA financing.
0 votes Thank Flag Link Tue Jul 23, 2013
You would need to get a builder to get the construction loan & build the home for you. Then you could purchase the home from builder with a VA loan based on a set sales price in a contract with you & builder. I have several builders that I work with in Paulding County that could give you quotes based on your needs & specs for the home. Please email me if you want more info at renee@solidsourcerealty.com
0 votes Thank Flag Link Mon Jul 8, 2013
VA will do perm loans not construction loans. If you own the land free and clear I would recommend
checking with your bank or a local bank or a mortgage co you are familiar with that will finance a VA loan. Do you have a Builder in mind if not I know several builders that might be interested. You can reach me at homes@myrealtyagent.com
0 votes Thank Flag Link Mon Jul 8, 2013
No, VA does not offer Construction financing. VA only offers permanent financing on existing homes.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.
0 votes Thank Flag Link Sun Jul 7, 2013
Hi MSGBride,
The best advice I can give you is to get in contact with a local lender who handles VA loans. Best of luck to you and thank you for your service.
0 votes Thank Flag Link Sun Jul 7, 2013
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